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Image Credit: Bloomberg Quint

Motilal Oswal Stays 'Neutral' On IndusInd Bank — Here's Why

  • Motilal Oswal has maintained a 'Neutral' stance on IndusInd Bank and increased the target price based on 0.9x FY27E adjusted book value.
  • IndusInd Bank's operating performance has suffered due to asset quality issues and accounting discrepancies.
  • Clear details regarding the new CEO's appointment and the strategic direction under their leadership are crucial for understanding IndusInd Bank's growth outlook and strategy.

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